Welcome to Your Forever Home at 5005 Kelly Jane Court! Nestled at the end of a quiet cul-de-sac, this stunning 4-bedroom, 2.5-bathroom residence in Sandston, VA, offers the perfect blend of modern comfort and classic charm. As you arrive, the paved driveway leads to a spacious 2-car detached garage, providing ample storage and parking. Step onto the covered front porch and enter a home designed for both entertaining and everyday living. The main level features elegant hardwood floors that flow through the formal dining room and into the heart of the home. The open-concept kitchen is a chef's dream, boasting granite countertops, a functional island, and a sunny breakfast nook. Relax by the gas fireplace in the inviting family room, or retreat to the versatile first-floor office. Practicality meets style with a dedicated mudroom featuring built-in storage and a large flex space—perfect for a home gym or media room. Upstairs, you’ll find brand-new carpeting throughout all four spacious bedrooms. The expansive primary suite is a true sanctuary, complete with two walk-in closets and a luxurious en-suite bathroom featuring a soaker tub, double vanity, and separate shower. Three additional bedrooms share a well-appointed hall bath with its own double vanity. Step outside to your fenced-in backyard oasis, where a spacious deck and fire pit await your summer gatherings. Whether you’re enjoying the privacy of the oversized lot or the modern updates throughout, this home is move-in ready and waiting for you. Don’t miss your chance to own this Sandston gem! Schedule your private showing today and experience the charm of 5005 Kelly Jane Court for yourself!
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
